Dec, 31, 2023 — BERYLCO EMPLOYEES' CREDIT UNION is a federally insured state chartered credit union headquartered in HAMBURG, PA with 1 branch location and about $1.91 million in total assets. Opened 49 years ago in 1975, BERYLCO EMPLOYEES' CREDIT UNION has about 143 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | BERYLCO EMPLOYEES' CREDIT UNION |
|---|---|
| Address: (Main Office) | 251 N 4th St # L2 HAMBURG, PA 19526 |
| Phone: | (610) 562-4257 |
| Fax: | (610) 562-4257 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 143 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 62656 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1975 |
| Last Audited: | Dec 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $1,910,007 |
| CEO/Manager: | Dennis L Strausser |
| Chairperson: | Thomas D Stork |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 147,083 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 70,906 |
| Other Loans | 119,275 |
| TOTAL LOANS | 190,181 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -13,014 |
| Land And Building | 0 |
| Other Fixed Assets | 285 |
| NCUSIF Deposit | 9,897 |
| All Other Assets | 0 |
| TOTAL ASSETS | 1,910,007 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 7,009 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 893,607 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 893,607 |
| TOTAL LIABILITIES | 900,616 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 1,009,391 |
| TOTAL EQUITY | 1,009,391 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,910,007 |
| INCOME & EXPENSE | |
| Loan Income | 10,856 |
| Investment Income | 32,646 |
| Other Income | 0 |
| Total Employee Compensation & Benefits | 14,105 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 25,485 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 6,274 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -2,362 |
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